Analyst: Berkeley is expected to achieve profit growth, as London's housing policy shifts favorably.

Jefferies analysts stated in a report that the expected shift in London housing policies has brought favorable factors to this residential construction company, and Berkeley is expected to achieve a significant increase in mid-term profitability. The company's prospects are supported by an audit of its London asset portfolio, leading analysts to conclude that its potential sales volume and pricing power remain strong. This conclusion was reached by comparing floor plans and planning applications with on-site sales data. Jefferies stated that by selling its rental properties and reinvesting the proceeds, the company can significantly increase dividends to shareholders in the near future. The stock rose 3%, closing at 4,290 pence.